Posts Tagged ‘Sales Management’

Effective Sales Management is a Benevolent Dictatorship

Tuesday, December 15th, 2009 by admin

When it comes to sales management and personnel motivation, there is a right way and a wrong way to get results.  The most successful management executives are those that realize a hierarchical, top-down approach is best.  Set goals, train staff, sit back and wait for the revenues to roll in, right?  Not so fast.  Setting unilateral sales goals and demanding flawless execution doesn’t really work in the long term.

“People, especially salespeople, don’t like being dictated to,” says Joel Deceuster, founder of Deceuster & Associates, a consulting and business coaching firm.   Rather than telling sales staff what to do, effective sales managers are inviting their sales people into the process.  Yet managers are ultimately responsible to the front office for goal achievement and overall success, while also bridging the gap between corporate goals and staff achievement.

Sales managers today are overrun with new management techniques, unrealistic sales goals, harried sales people, and more information than they know what to do with.  It can be hard to find solutions that allow them to achieve corporate sales expectations, while at the same time listening to their sales staff and responding to their needs.

Finding a solution that allows your organizations to capture sales best practices, competitive analysis and customer pain points is critical.  A solution that allows sales staff to collaborate with management and peers to shorten the sales cycle and provides better consistency in sales performance is a must.  After all my years as a sales executive, that’s why I am proud to represent a product like Compendian that does just that.  But the point is that management needs to look into new innovative tools to make sure they are supporting and empowering the sales process.

Let’s face it; sales managers have a tough job.  They have to be hard-nosed to get it done.  But with the right solutions, and staff and management support, they can easily change tyranny to a benevolent dictatorship.

Is Your Sales Model Broken? Sales Methodologies Need to Adapt to the Customer’s Buying Methodology

Tuesday, December 15th, 2009 by admin

Traditional sales models focus solely on moving product and they push prospects to make an immediate purchase.   In addition, salespersons have a get in and get out mentality—they focus on product features, negotiates a fair price, quickly write up the order, and turn fulfillment over to customer service.  So what is wrong with this process?

It’s no longer working.

The economy aside, many sales organizations report that more than 2 out of 5 sales people were unable to meet sales goals and quotas in 2008.  How many are exceeding sales goals?  Anecdotal analysis says that 20% of the sales staff accounts for 60% of goal.  But more likely, it’s 10% driving 80% of sales.

For those that disagree with me and think the “flipping clients” process is working, why aren’t more sales people more successful?  If it works, why aren’t more sales goals being reached?

The model doesn’t work because the customer has been lost in the process. Customer touch points aren’t alignment across sales and marketing.  Sales representatives forget about what drove a particular customer to purchase—-focusing not on their customer’s needs, but sales goals instead.  Furthermore, clients are tired of feeling like another sales transaction — they want to feel their vendors are providing them with customized sales solutions that eliminate their pain points.  This is true whether you are a small or large organization and handling direct or consultative selling.

In order to adjust to customer’s expectations, sales organizations will need to invest in solution platforms that better align their goals with a new customer centric buying process.  Many organizations have implemented CRM systems like SalesForce and, while helping sales teams stay organize as well as track and forecast activity, it isn’t the sole solution that organizations need.  You need to consider other tools that are designed to empower sales teams to gain key information, on demand, in order to help the client feel their business is important.

Competition has never been more fierce and keeping a client has never been as important as today in order to weather challenging times.  Make sure you are strengthening your connection with your greatest asset, your customers, in order to keep a flow of repeat business to your organization.


Latest WordPress Entry

Compendian, Inc - Copyrights reserved © 2009
RocketTheme Joomla Templates